Ruth Krivoy Love thy neighbor

Ruth Krivoy Love thy neighbor

Venezuela’s integration into South American free-trade area Mercosur presents a “big threat” to Venezuelan companies, without significant reforms to make the economy more competitive. So says Ruth Krivoy, the country’s former central bank president, who insists in an interview with LatinFinance that having joined the trade bloc, Venezuela now has a window of opportunity to implement sound policies – and adapt. “There is a drive now in Venezuela to really turn Mercosur into an opportunity for local business, instead of a threat,” says Krivoy, who ran the central bank between 1992 and 1994. “If we don’t do anything it’s a big threat. If we learn that now that we’re there we need to change, it

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